Looks like there is going to be a heap of houses built most on tiny blocks. All I can think is massive oversupply in sardine packed development with heaps of surrounding land available. My observation, I could be wrong.
Hubby's sister just sold in PS. Took a while though. She said there is so much new development scope that people tend to want "brand new" and why buy something ten years old when you can get brand new for similar price a few streets away.